Settings8H · net · $10k
Funding arb · Price arb /

ONT

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0737%/8h= −80.7% APRnext payment $3.69 per $10,000 · paid last 24h −0.497%
Price spread now: Binance against Bybit+0.004%7-day average +0.007% · you sell dearer than you buy
Net, funding: paid 7d − costs−$159as in the Funding arb table
Net, price: spread back to 7d avg − costs−$119as in the Price arb table
costs, in and out, $10k−$1181.182% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.412%−$41 on $10k
Price spread, last 4 days (all we have)−0.113%−$11 · spread now +0.004%, 7d avg +0.007%
Together, before fees−0.525%−$53 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.007%, so right now this pair is about funding alone: −$22 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.412% in total (about -21.5% a year). A funding rate is set anew for every payment; at this rate the next one is about $3.69 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit ONTUSDT0.056040.0837pay 0.0419% / 4h42m 14s$791K$332K25x
ShortBinance ONTUSDT0.056040.0100get 0.0050% / 4h42m 14s$2.4M$2.7M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Bybit. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$154.84
Price spread: +0.004% → +0.007%
−$0.38
Slippage, 4 orders
−$97.15
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Binance: 5 bp × 2 orders
−$10
Net
−$273.37
Costs to cover
1.182%
Break-even
never at this rate
Slippage from Bybit: live order book, 13 min ago; Binance: live order book, 8 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bybit live order book, 13 min ago3.56 bp42.9 bp −$43doesn't fitdoesn't fitdoesn't fit
Sell Binance live order book, 8 min ago0.89 bp13.5 bp −$1461.6 bp −$616doesn't fitdoesn't fit

ONT on 12 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin ONT-USDT+0.0070%4h0.05618+0.250%$131K$24K50xas long as short
Aster ONTUSDT+0.0100%4h0.05612+0.150%$27K$5375xas long as short
Binance ONTUSDTshort+0.0100%4h0.05604+0.004%$2.4M$2.7M50x
OKX ONT-USDT-SWAP+0.0100%4h0.05605+0.018%$797K$904K20xas long as short
Gate ONT_USDT+0.0100%4h0.05610+0.107%$178K$55K50xas long as short
MEXC ONT_USDT+0.0100%4h0.05606+0.036%$1.4M$151K50xas long as short
KuCoin ONTUSDTM+0.0100%4h0.05614+0.178%$517K$41K30xas long as short
Bitget ONTUSDT+0.0100%4h0.05610+0.107%$799K$278K50xas long as short
Variational Omni ONT+0.0720%4h0.05601−0.054%$4K$3Kas long as short
BingX ONT-USDT+0.0804%4h0.05611+0.125%$2.3Mas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit ONTUSDTlong+0.0837%4h0.05604long leg$791K$332K25x
Kraken Futures PF_ONTUSD+0.0987%1h0.05604−0.008%$9K$30110xas long as short